FKLI has a slight upward bias after the higher close but it has to close above 1562.5, yesterday's high to keep bias intact.
Next resistance is at 1570 and thereafter 1580, a prior low.
Support is at 1554, near yesterday's low and followed by 1548.
The longer term trend is neutral to down.
Sentiment stays weak as futures was at discount to cash.
The 21 day moving average is now at 1530.
R1/1562.5 R2/1570 R3/1580
S1/1554 S2/1548 S3/1542
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